2, RIVERSIDE CRESCENT, NEWQUAY, TR7 1PJ - £540,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 RIVERSIDE CRESCENT is a very large extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £890,823. It was last sold for £540,000 in August 2009, which was around 104% above the average August 2009 detached price in the Cornwall local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was D.

2 RIVERSIDE CRESCENT Sold Prices

Land registry data shows three sales for 2 RIVERSIDE CRESCENT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Cornwall local authority area for the corresponding sale date. All of the three 2 RIVERSIDE CRESCENT sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2009 21 AUG	£540,000	£265,041	104% above HPI
2005 7 APR	£340,000	£257,499	32% above HPI
1996 18 SEP	£102,500	£75,833	35% above HPI

2 RIVERSIDE CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cornwall local authority area over time, sourced from the HPI. The three 2 RIVERSIDE CRESCENT sales between September 1996 and August 2009 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2005 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the August 2009 sale, where it rises to 104% above the HPI. The line then continues to track at 104% above the HPI.

What might 2 RIVERSIDE CRESCENT be worth now?

2 RIVERSIDE CRESCENT might now be worth an estimated £890,823.

This is based on house price inflation of 65%, between August 2009 and February 2025, for detached houses, in the Cornwall local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 65% inflationary increase is applied to the most recent sale price for 2 RIVERSIDE CRESCENT of £540,000 on 21st August 2009. For the value to have increased from £540,000 to £890,823 over the sixteen years and six months to February 2025, the following assumptions must hold true:

• The value of 2 RIVERSIDE CRESCENT has moved in line with the HPI for detached houses in the Cornwall local authority area.
• The August 2009 sale price of £540,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RIVERSIDE CRESCENT has not materially changed since August 2009.

How Large is 2 RIVERSIDE CRESCENT?

2 RIVERSIDE CRESCENT is 159m², which includes one extension, according to the EPC inspection conducted in November 2008. This puts it in the largest 20% of detached houses houses in Newquay, based on EPC data. The below chart shows the distribution of detached houses houses by size in Newquay, and where 2 RIVERSIDE CRESCENT lies on this distribution: 84% of detached houses houses are smaller than 2 RIVERSIDE CRESCENT, and 16% of houses are larger. Note that EPC data is not available for all properties in Newquay.

2 RIVERSIDE CRESCENT: Plot and Title Map

2 RIVERSIDE CRESCENT sits on a plot of roughly 0.166 of an acre, or 671m². The below map shows the location of 2 RIVERSIDE CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 RIVERSIDE CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 RIVERSIDE CRESCENT?

2 RIVERSIDE CRESCENT is located in NEWQUAY, in the TR7 postcode district. The below map shows the position of No. 2 on RIVERSIDE CRESCENT.